The Cubs have not finalized the trade with the Rangers for Geovany Soto. The Cubs will receive either a player or cash from Texas for Soto and the deal is expected to be completed by October 31.

Updated 1:37pm CDT – According to a report from ESPN Chicago, the Cubs agreed to receive Marcelo Carreno and a cash consideration from Detroit for Jeff Baker and not a second PTBNL. The deal with the Tigers for Jeff Baker has been completed.

Marcelo Carreno spent the 2012 season with Class-A West Michigan. The 6-foot-1, 170 pound righty posted a 9-8 record with a 3.23 ERA and a 1.13 WHIP. In 27 games, all starts, Carreno struck out 119 batters while walking only 28. Carreno surrendered 129 hits (five home runs) in 139 1/3 innings.